In the “You Got This” Weekly Series, we will answer a question from our customers found on Facebook, Twitter, TaxACT’s Blog and around the web.
Question:
I am a graduate student and I receive nearly full remission of tuition and fees from my … [Continue reading]

For some people, not getting a big income tax refund is a terrible disappointment. The only thing worse is having to pay even a small amount to Uncle Sam at the end of the year.
When you finish your taxes and discover you owe a small amount of … [Continue reading]

From the time you prepare and file your tax return, to the day you find your tax refund in your mailbox or your bank account, you’re never alone.
Here is a timeline of your tax refund and where you can find help when you need it.
Where's my … [Continue reading]

In the “You Got This” Weekly Series, we will answer a question from our customers found on Facebook, Twitter, TaxACT’s Blog and around the web.
Question:
After entering my info into Form 1099-B, I think I'm getting double taxed on the sale of my … [Continue reading]

Paying income taxes is the civic duty of all Americans, with the money helping to pay for national defense, highways, schools and police departments, among other things.
While we’re happy to pay our fair share, no one wants to pay too much income … [Continue reading]

In the “You Got This” Weekly Series, we will answer a question from our customers found on Facebook, Twitter, TaxACT’s Blog and around the web.
Question:
I ran a successful crowdfunding campaign last year for a medical need (service animal) for my … [Continue reading]

You’ve finally reached your 66th birthday, and it’s time to say goodbye to the daily grind and set off on a life of retirement ease.
Or so we think.
In truth, retirement for most of us will require careful budgeting and smart financial planning … [Continue reading]

The 401(k) retirement plan, first popularized in the 1980s, is an excellent way to put aside money for retirement.
Like other retirement plans — traditional IRA or Roth IRA — a 401(k) invests your money in a customized mix of individual stocks, … [Continue reading]

For many people, home mortgage interest is the most important tax deduction they take.
It’s not the only type of interest that can be deducted, however. If you look a little further, you may find other types of interest that can save you money on … [Continue reading]

Guidelines are helpful tools, but generic personal finance advice can ultimately end up hurting your wallet.
Your budgeting strategy needs to be tailored to your specific money goals.
Tips like 50/30/20 can help get you started, but what if you … [Continue reading]

If you sold something – a house, a car, some stock, or even gold or silver coins – you may have a capital gain or loss.
When we think of taxable income, most of us primarily think of our earned income, such as wages or self-employment … [Continue reading]

There’s more to a good job than a steady paycheck.
Full-time employment can earn you all sorts of perks — from employer-sponsored health insurance to generous deductions on your tax return.
Here are 10 job-related tax benefits that could save … [Continue reading]